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Ethiopia's Attorney General Alleges Vast Corruption at Military-run Metec


Ethiopia's attorney general said on Monday that a five-month long investigation into procurement processes at the huge military-run conglomerate METEC has
revealed vast corruption.

"For six years METEC made international procurements totaling $2 billion without any bidding processes," Berhanu Tsegaye told a news conference after announcing the arrest of several dozen security officials.

In August the government ousted METEC from a $4 billion dam project on the River Nile due to numerous delays in completing the project.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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